Is OFG Bancorp technically bullish or bearish?

As of 10 October 2025, the technical trend for OFG Bancorp has changed from mildly bullish to sideways. The current technical stance is bearish, with key indicators showing a mildly bearish MACD on both weekly and monthly time frames, and a bearish signal from the Bollinger Bands on the weekly chart. The Dow Theory presents a mixed view, being mildly bearish weekly but mildly bullish monthly. The daily moving averages are mildly bullish, but overall, the strength of the bearish indicators prevails. In terms of performance, OFG Bancorp has underperformed the S&P 500 across multiple periods, with a 1-month return of -6.03% compared to the S&P 500's 0.31%, and a year-to-date return of -2.06% versus the S&P 500's 11.41%.